Dove Options vs Raceoption
Dove Options or Raceoption – which is better for UK traders 2024? Compare Dove Options and Raceoption in this detailed breakdown of their platforms, features and fees.
Dove Options | Raceoption |
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Dove Options is ranked #11 among binary options brokers. | Raceoption is ranked #11 among binary options brokers. |
Dove Options offers binary options and copy trading. | RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes. |
Pros | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, Stocks, Cryptos, Commodities | Binary Options, CFDs |
Bonus | |
20% - 200% Deposit Bonus | |
Demo Account | |
No | Yes |
Minimum Deposit | |
$500 | $250 |
Payment Methods | |
Minimum Trade | |
$1 | $0.01 |
Regulator | |
CySEC | |
Mobile Apps | |
No | iOS & Android |
Trading App | |
Despite a couple of connection issues during testing, the RaceOption mobile trading solution overwhelmingly delivers. All the settings you need to amend binary parameters are available around the chart and it’s as simple as clicking the ‘Up’ and ‘Down’ buttons to confirm a trade. Clicking ‘My Trades’ in the bottom left of the mobile interface also makes monitoring multiple trades a hassle-free exercise. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Dove Options offers copy trading on the broker's range of assets. | Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard. You can start copy trading in three fast steps and follow multiple traders simultaneously. |
Social Trading | |
No | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals. | |
Leverage | |
1:500 | |
FTSE Spread | |
Variable | |
GBPUSD Spread< | |
Variable | |
Oil Spread | |
Variable | |
Stocks Spread | |
Variable | |
Forex | |
Take leveraged positions on popular currencies. | RaceOption offers 25+ major and minor currency pairs on a no-frills, web-accessible platform with 30+ indicators and built-in copy trading opportunities for a hands-off investment approach. |
Assets | |
25+ | 25+ |
GBPUSD Spread | |
0.8 | Variable |
EURUSD Spread | |
0.8 | Variable |
EURGBP Spread | |
0.8 | Variable |
Cryptocurrency | |
Speculate on Bitcoin with low margin. | Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY. |
Spread | |
Fixed | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Dove Options offers multiple digital options products, including one touch and ladder assets. | RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses. |
Payout | |
81% | 95% |
Expiration Times | |
5 seconds - 30 days | |
Boundary Options | |
No | No |
Ladder Options | |
Yes | Yes |
Dove Options | Raceoption |
More Comparisons | |
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